The most recent trading session ended with United Airlines (UAL) standing at $51.76, reflecting a -1.26% shift from the previouse trading day’s closing. The stock trailed the S&P 500, which registered a daily loss of 0.74%. Elsewhere, the Dow saw a downswing of 1.53%, while the tech-heavy Nasdaq depreciated by 0.39%.
Prior to today’s trading, shares of the airline had lost 0.47% over the past month. This has lagged the Transportation sector’s loss of 0.02% and the S&P 500’s gain of 6.06% in that time.
Investors will be eagerly watching for the performance of United Airlines in its upcoming earnings disclosure. The company’s upcoming EPS is projected at $4.02, signifying a 20.08% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $15.32 billion, up 8.03% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $9.93 per share and revenue of $57.84 billion, which would…
